Commentary: Three colleges explain how they raised enrollments of low-income students (Featuring Colby College)
"The Colby Commitment, which promises to meet 100 percent of low-income students’ costs without requiring loans, sends a similar message. The students are expected to pay only $1,800 a year by working a campus job and contributing at least $1,650 from summer earnings. For those with family incomes above $65,000, there’s a user-friendly college-cost calculator that generates estimates based on students’ answers to six basic financial questions, available in English and Spanish. That way families can see that “Colby is within their reach,” says Matt Proto, vice president and chief institutional advancement officer." Read more here.